(DCNF)—Fox Business host Charles Payne tore into people taking advantage of the Biden administration’s decisions to defer or forgive student loans Monday, saying it was time to “pay your damn student loans.”
The Department of Education announced it would resume collections on delinquent student loans, ending a pause from the COVID-19 pandemic that the Biden administration sought to continue, The Hill reported. Payne expressed little sympathy for claims that forcing borrowers to repay student loans would cause them financial hardship.
“I’m thrilled. These are the most pampered elitists. The educated elite in this country have, I mean, it’s ridiculous. It’s absolutely ridiculous,” Payne told “Fox and Friends” co-host Brian Kilmeade. “You know, the jobs report came out on Friday. So, unemployment for someone with a bachelor’s degree? The unemployment level is 2.5%.”
“If you just have less than high school, it’s 6%. If you have high school, it’s 4%. Double the unemployment for high school grads, they make over million dollars more in a lifetime,” Payne continued. “Their kids live in better neighborhoods. They don’t face crime, poverty, worries or concerns, okay? There’s 7.2 million job openings right now. Take one! Take one! Oh, wasn’t what you studied for? Too bad, take one! That’s what the average person does!”
Despite a Supreme Court ruling that struck down an effort to forgive student loans in a 6-3 ruling in June 2023, then-President Joe Biden repeatedly attempted to continue forgiving the loans. In August 2024, the Supreme Court refused to lift an appeals court’s order blocking a Biden administration effort to forgive student loan debt, which it proposed following the 2023 Supreme Court decision that struck down a different student debt forgiveness proposal from Biden.
“We have coddled these folks. We have created a caste system in America,” Payne said. “We have a caste system. We have put the elites above us, and we keep, how many people have no money in the stock market? Did you see the stock market under Trump? You never cared about it before! You said it was for rich people! Why are you letting the elites dominate us? Why is a cab driver taking his money to pay your student loan? Your kids are going to have a better life! What the hell is wrong with this country? Pay your damn student loan!”
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At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
